Expanded options for charitable donation accounts
Credit unions may be able to broaden their strategic giving.
Supporting members is a core value of the credit union heritage. Importantly, that support doesn’t only manifest in fair and dignified financial services and products. It’s also found within the engagement credit unions have with causes and communities.
Because community advancement is part and parcel of the credit union industry, people expect credit unions to do the right thing. Fortunately, there are a growing number of options available for credit unions to do exactly that.
Among these options is leveraging charitable donation accounts. The strategy empowers credit unions to actively support the causes and communities important to their members and employees, while also broadening the base of investments that back their giving endeavors.
Qualified charitable organizations expand to include veterans, armed forces groups
Credit unions that are already engaged in this strategy may be interested to learn that the number of qualified non-profits they can support has recently broadened to include veterans and armed forces service organizations.
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